MGC1! trade ideas
XAUUSDThis is my analysis. Please don't take it as trading or financial advice. I'm not a certified financial/ investment advisor. Please comment on your insights so that we can discuss better opportunities.
Analysis:
daily, and weekly liquidity taken
Scenarios:
a) If a sell order block is formed with a high volume in kill zones at 2000 0r 1940 levels then look for sell entries in fvg.
b) if a buy Order block is formed with high volume in Killzone at 2000-2005 price level then look for buy entries in fvg till the next liquidity zone as your target.
Caution:
As the price is close to liquidity zones only look for short-term trades and once liquidity is taken the you can focus on long term trades enter only after confirmation with proper risk mangement.
gold ,19.03.2023publishing herewith my idea about gold using day tf and month tf
price is above daily, weekly, monthly BB's, above RSI 70 in" dwm" tf
will provide daily range and other important ranges when i feel necessary
actually gold closed above my yearly range , mostly i wait for a new month candle for confirmation, it is simple , if price clears a level then it tries to reach the next level
i need monthly confirmation, till then , follow the pattern
gold mcx trend line analysis blw 58550gold mcx trend line analysis blw 58550-----yes 4ht hrs chart made bear pattern or trend line indicate sell on rise good way with 58700 cls base sl tgt 57780--577+++ or where break this trend line hurdel than we see 5900-59300++ soon yes must sustain or cls abv 58700 than up side only
GOLD MCX GOLD FORMING 5-0 HARMONIC PATTERN AND GARTLEY ON DAILY CHART
Sell gold below 56980 add more 57170 two days closing stop loss 57463 above target 56000-55200-54400-53500
taking two days closing just bcoz 2 big event upcoming first one is indian union budget second one is fed int rate
import duty should cut in budget expected already last 2 time hiked with high %
{{{{{ last posted not active Sell below 56466 with closing stop loss of 57200 above target 55200-54400-53500}}}}}
last idea attached below